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Changes in Iran's CB Forex Market Policy

EghtesadOnline: Governor of the Central Bank of Iran says the bank has put an end to the unreasonable practice of injecting foreign currency into the market to control forex rates.
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Publish Date: 06/June/2020 | 05:11

Spike in Daily Virus Infections in Iran

EghtesadOnline: The number of overnight confirmed coronavirus cases in Iran soared by nearly 3,000 on Monday, the highest single-day rise in two months.
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Publish Date: 02/June/2020 | 08:07

Iran's Non-Oil Exports to Iraq via Khorramshahr Port Reach $30m

EghtesadOnline: Some $30 million worth of non-oil goods have been exported to Iraq via Iran's Khorramshahr Port since the beginning of the current Iranian year (March 20), an official with Arvand Free Trade Zone said.
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Publish Date: 02/June/2020 | 08:05

Iran's Foreign Non-Oil Trade at $9.3 Billion in 2 Months

EghtesadOnline: Iran’s foreign non-oil trade stood at $9.34 billion in two months ending May 20, of which exports accounted for $4.3 billion and imports $5.04 billion, the spokesperson of the Islamic Republic of Iran Customs Administration said.
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Publish Date: 02/June/2020 | 07:53

Georgia Closes Borders With Iran for Unknown Reasons

EghtesadOnline: After a short uplift following the reopening of border crossings, transit between Iran and Georgia has been suspended again, this time for unknown reasons.
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Publish Date: 01/June/2020 | 24:47

Iran Petrochem Revenue $14.5 Billion

EghtesadOnline: The 55 petrochemical companies in Iran produced 31 million tons of products in the last fiscal (ended in March) and exports generated $9.5 billion, managing director of National Petrochemical Company said.
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Publish Date: 01/June/2020 | 24:46

BMI Told to Open Accounts for Foreign Investors

EghtesadOnline: The Central Bank of Iran on Sunday tasked the state-owned Bank Melli Iran to open accounts for foreign investors seeking residence permit.
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Publish Date: 01/June/2020 | 11:37

Iran Covid-19 Cases Top 150,000

EghtesadOnline: Iran’s confirmed coronavirus cases crossed 150,000 on Sunday, as the country rolled back on confinement measures despite a sharp rise in daily infections.
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Publish Date: 01/June/2020 | 06:42

Iran's CB Monetary Policy Is Evolving

EghtesadOnline: The Central Bank of Iran said it will implement more aspects of open market operation that involves regulating the borrowing of lenders from the CBI by obliging them to put up enough collateral when seeking funds.
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Publish Date: 01/June/2020 | 06:18

Iran's Auto Output Down 14.6%

EghtesadOnline: Iran’s automotive output declined by 14.6% during the month ending May 20 compared to a year earlier.
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Publish Date: 31/May/2020 | 05:53

75% Decline in Iran's Trade With Turkey

EghtesadOnline: Iran’s trade with Turkey totaled $719.53 million during January-April 2020 to register a decrease of about 75% compared with the corresponding months of 2019, data released by Turkish Statistical Institute show.
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Publish Date: 31/May/2020 | 05:46

SCI Predicts $24m Price Tag for Next Traditional Census

EghtesadOnline: A traditional Population and Housing Census in 2021-22, held with numerous enumerators collecting field data would cost an estimated 4,200 billion rials ($24.27 million), whereas the register-based approach could significantly reduce the cost of census, Javad Hosseinzadeh, the head of the Statistical Center of Iran, said.
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Publish Date: 31/May/2020 | 05:43

Covid-19 Inflicts Losses on Iran's Biggest Pension Fund

EghtesdOnline: The Social Security Organization, Iran's biggest pension fund, was hit particularly hard by the coronavirus pandemic because on the one hand, a majority of its members work in virus-hit industrial enterprises, services and guilds, and on the other hand, it has to reimburse hospitals and healthcare providers for treatment costs, a deputy cooperatives, labor and social welfare minister said.
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Publish Date: 31/May/2020 | 05:32

Rains Fill Up Most Dams

EghtesadOnline: Higher precipitation in recent weeks has filled 70% of the capacity of dams in Iran, the Energy Minister said.
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Publish Date: 30/May/2020 | 24:15

Iran's Housing PMI at Record Low

EghtesadOnline: The Purchasing Managers' Index for Iran's housing sector fell to its lowest level in the month ending April 19 since the release of PMI reports began in the fiscal month ending Oct. 22, 2019.
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Publish Date: 30/May/2020 | 24:13

With $2.2b, MSC Sees Highest Sales Volume

EghtesadOnline: Mobarakeh Steel Company sold 391.44 trillion rials ($2.23 billion) worth of steel in the last fiscal year that ended on March 19, 2020, marking the highest among all Iranian steelmakers, according to Iran Steel Producers Association.
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Publish Date: 30/May/2020 | 24:11